I think this is a timely proposal. As we have seen multiple times in this space, many grant programs have little to show for the money they pour into projects. In most cases projects built through grant program funding don’t amount to much. What I think would be an interesting KPI/goal here for Covariance is not only ensuring long term commitment from grant recipients but also putting them on a path to getting funding/building a product that has potential to go to market. I think an extension of the Ecosystem team that acts as an incubator for these grant recipients would be a great addition as it can focus on creating long term incentives for the builders, provide structure for them, and help them become self sustainable.
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